PIL exits transpacific market

Pacific International Lines (PIL)

 

Singapore’s shipping company Pacific International Lines (PIL) has decided to withdraw its services from the transpacific market in an effort “to optimize the company’s network efficiency”.

As a result of this service realignment, PIL’s last Transpacific sailing will be in March 2020.

“The company has taken this decision as part of a wider strategic review of its business. Henceforth, PIL will focus on further strengthening its position in the North-South Trade such as Africa, Middle East / Red Sea, India Sub-Continent, Latin America, and Oceania,” PIL said in a statement. 

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